Tags: Economics
Immersive Technologies celebrates record year
Immersive Technologies, a provider of mining equipment simulators and operator training solutions, is celebrating their most successful year in the company's nearly 20-year history with projections for another banner year in 2013. Revenue growth of 30.3 percent in 2012 follows ... Read More...
Conference Board announces increase in U.S. leading indicators
The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.8 percent in May to 114.7 (2004 = 100), following a 0.4-percent decline in April, and a 0.7-percent increase in March. The largest contributions came from the interest rate ... Read More...
NAPA holds Congress accountable for reauthorization inaction
With the construction industry continuing to shed jobs, the National Asphalt Pavement Association (NAPA) has mounted a campaign to mobilize the asphalt pavement industry and hold Congress accountable for its inaction on the surface transportation bill.
Lack of such legislation is ... Read More...
TRIP report released tomorrow on Arkansas surface transportation system
TRIP will release a new report that evaluates the current condition, use and funding of Arkansas' surface transportation system at a news conference in Little Rock tomorrow at 10 a.m. CDT.
The report, “Future Mobility in Arkansas: Meeting the State’s Need for ... Read More...
Polaris Minerals release Q1 results; 67 increase from same time last year
Vancouver, B.C., Canada-based Polaris Minerals Corporation reported financial results on May 6 for the quarter ended March 31, 2010. All financial results are in U.S. dollars unless otherwise noted.
Revenue of $4.88 million in the quarter was an increase of 67% ... Read More...
Granite Construction Q1 results: Revenue down 36 percent
Granite Construction today reported a net loss of $41.0 million, or $1.09 per diluted share, for the first quarter of 2010 compared with net income of $8.9 million, or $0.23 per diluted share, for the first quarter of 2009.
Below is ... Read More...
FHWA releases FY 2010 Highway Trust Fund balance status, balance charts
The Federal Highway Administration (FHWA) has released the most current statistics for the Status of the Highway Trust Fund - Fiscal Year 2010 and the Highway Account Balance.
Click on the hotlinks above for a PDF of each chart. To go to ... Read More...
Construction employment expands in 26 states, D.C.
Construction employment saw gains in 26 states and the District of Columbia between February and March 2010, according to the Associated General Contractors of America (AGC) analysis of Bureau of Labor Statistics (BLS) data. Two states saw no change and 22 states experienced ... Read More...
Cat’s Q1 report increases its 2010 sales, profit outlook
Caterpillar Inc. today reported a first-quarter profit of $0.36 per share, up $0.55 per share from a loss of $0.19 per share in the first quarter of 2009. Excluding a tax charge of $90 million related to the recently signed ... Read More...
$48.8 billion in highway funds available for states through HIRE Act
U.S. Transportation Secretary Ray LaHood today announced that $48.8 billion in highway funds is now available to state departments of transportation for federal projects through the Hiring Incentives to Restore Employment (HIRE) Act.
“With spring and summer highway construction seasons just ... Read More...
Illinois governor unveils six-year, $12.84 billion road plan
The Illinois Department of Transportation (IDOT) officials and Illinois Gov. Pat Quinn yesterday unveiled a $12.84 billion Multi-Year Highway Improvement Program for Fiscal Years 2011-2016. The proposed program includes a $30.8 million bridge rehabilitation and interchange reconstruction project at I-55 ... Read More...
California Transportation Commission allocates $357 million after state bond sale
Freeway and rail projects throughout Orange County, California, received a financial boost Wednesday when the California Transportation Commission allocated more than $357 million to fund construction.
The commission allocated the money as a result of state bond sales last month. The ... Read More...
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